USA: Competitiveness - World Economic Forum index (1-7): For that indicator, The World Economic Forum provides data for the USA from 2006 to 2017. The average value for the USA during that period was 5.61 points with a minumum of 5.43 points in 2010 and a maximum of 5.85 points in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness. The pillars are organized as followed: Basic requirements (Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education); Efficiency enhancers (Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size), and Innovation and sophistication factors (Business Sophistication, Innovation).